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Jennete Ugo Anya
- April 15, 2025
Geregu Power Reports N13bn Profit In Q1 2025, Wins Corporate Compliance Award
Geregu Power Plc has reported a pre-tax profit of N13.01 billion for the first quarter ended March 31, 2025, representing a 40.57 percent drop compared to N21.9 billion in the same period last year. The company’s revenue also declined sharply by 37.02 percent to N31.7 billion, down from N50.4 billion in Q1 2024. Despite the […]
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- January 31, 2025
Geregu Power Reports 69.5% Jump In Pre-Tax Profit
Geregu Power Plc has reported a remarkable 69.5 percent increase in pre-tax profit for the full year of 2024, reaching N41.2 billion. Profit after tax surged by 71 percent, totalling N27.4 billion. This marks the company’s fifth consecutive year of profitability, with total assets growing to N243.7 billion. The surge in profits was primarily driven […]
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